The Reserve Bank of India has issued the Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2025 to align CRR and SLR maintenance norms with the changes introduced under the Banking Laws (Amendment) Act, 2025. The revised definition of “fortnight,” now divided into the 1st–15th and 16th–end of every calendar month, becomes effective from December 15, 2025. Accordingly, all references to “Friday” across the Directions have been replaced with “day,” provisional and final returns have been discontinued, and paragraphs 33 and 34 stand deleted. A single Form B (CRR) and Form I (SLR) must be submitted through the CIMS portal, using updated return codes and digital signatures of authorised officials. Conforming amendments have been made across relevant paragraphs and annexures, including replacing alternate-Friday-based references with fortnight-end reporting and updating terminology within Form B, Form I, and the appendices.
As part of the transition, CRR and SLR for the fortnights December 16–31, 2025 and January 1–15, 2026 will be maintained on the basis of NDTL as on November 28, 2025 and December 15, 2025, respectively. During the interim period of December 13–15, 2025, banks must maintain CRR and SLR based on NDTL as on November 28, 2025 and ensure a minimum CRR of 100% of the prescribed requirement. Banks are required to file the Form B return for December 12, 2025 under the existing structure and submit the Form I return for December 2025 on the CIMS portal using both the old and new return codes. Corresponding amendments to Annex III and internal references ensure complete alignment with the revised regulatory framework.Link – https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=13230&Mode=0
